Business

Feds won't explain claim pipeline expansion will raise $500M in tax revenue

OTTAWA - Finance Minister Bill Morneau will not explain how his department estimated that finishing the Trans Mountain pipeline expansion will bring another $500 million in corporate tax revenue into ...

Nov 25, 2019

Crown drilling rights sales down in three Western-most Canadian provinces

CALGARY - A key indicator of future oil and gas drilling activity in Western Canada is sliding lower as the industry deals with a lack of pipeline capacity, oil production curtailments and difficulty ...

Nov 25, 2019

MARKET WATCH: Nov. 22

Big PictureDow Falters as Phase-One Trade Deal Looking Less Likely It was a quiet start to the trading week Monday as U.S. stocks drifted between small gains and losses, while the TSX snapped an 11-da...

Nov 22, 2019

Red Deer Airport celebrates grand opening of Fixed Base Operator terminal

Dignitaries gathered at the Red Deer Regional Airport Thursday night to cut the ribbon on the new Fixed Base Operator (FBO) Terminal at YQF.The grand opening celebration acknowledged key organizations...

Nov 22, 2019 Officials cut the ribbon during grand opening celebrations of the new Fixed Base Operator (FBO) terminal at Red Deer Regional Airport on Thursday. (Supplied)

Lowe’s to remain in Red Deer, 34 stores to close in Canada

Lowe's Canada announced Wednesday that it is closing 34 of its stores across the country due to underperformance. The Red Deer location at 15 Signet Close that opened late last year is not among them....

Nov 20, 2019

The Great Indoor Market open at Bower Place

The Great Indoor Market at Bower Place has opened for its second year.The temporary boutique marketplace is again being held in the space formerly occupied by Sears.It features a unique mix of retaile...

Nov 20, 2019

Alberta Chambers of Commerce launches red tape reduction survey

The Alberta Chambers of Commerce (ACC) is asking businesses to complete their short survey on red tape, cost barriers and business services. The Alberta Chambers of Commerce is a federation on 1224 co...

Nov 20, 2019

Thousands of CN Rail employees on strike amid contract talks

The federal government has urged Canadian National Railway Co. and the Teamsters Canada Rail Conference to continue negotiating as the roughly 3,200 conductors, trainpersons and yard workers went on s...

Nov 19, 2019 (CN Rail)

Stateside trip to promote Alberta Agriculture

EDMONTON- Alberta's minister of economic development, trade and tourism is travelling to Illinois and Minnesota this week, and the government says there will be a particular focus on Alberta's agricul...

Nov 19, 2019

Trans Mountain received $320M in government subsidies in first half 2019: report

VANCOUVER - The Trans Mountain pipeline received $320 million in subsidies from the Canadian and Alberta governments in the first half of 2019, says a new report by an economic institute that analyzes...

Nov 19, 2019